We’re well into the second quarter of 2012 already—how’s your business going so far this year? Hopefully, your first quarter was a good one and business continues to grow.
Regardless of whether business is booming or your year started a bit slowly, cash flow can be an ongoing challenge for small businesses. Sometimes it takes awhile to turn receivables into actual cash. Depending on the type of business, expenses can be frontloaded for the year or ...
Whoever first came up with ‘Cash is king’ knew what he or she was talking about! It must have been a small business owner, because cash is e-v-e-r-y-t-h-i-n-g to a small business. When it’s plentiful, the business hums along great. On the other hand, when it’s in short supply, things can really get dicey. And a lot of small businesses spend a lot of time swinging between the two.
Obviously, the health of your cash flow ...
According to recent research, entrepreneurs considering their financing options tend to turn to banks for a small business loan first, but at least one in 10 seek other means of capital, including peer-to-peer and cash advance loans, The Wall Street Journal reports.
Retailers and restaurant owners are particularly attracted to non-bank offerings due to the high volume of debit and credit card sales they process on a daily basis. Companies enjoy the lack of a set period for ...
Many business owners these days don’t need to be told that times are tough; they’re experiencing it firsthand. And countless reports and surveys, such as this one from the National Federation of Independent Business, point to the fact that maintaining a healthy cash flow has been a top priority as business owners struggle with sluggish sales, higher commodity prices, and overall inflationary pressures.
For any business to succeed, especially in the midst of an uncertain ...
